Palantir Technologies (NASDAQ: PLTR) was one of the top artificial intelligence (AI) stocks of 2024. It rose 340% in 2024 but has been fairly flat in 2025. Palantir was such a dominant stock in 2024 that many investors are curious if it can have a similar run in 2025.

Palantir Technologies (NASDAQ:PLTR) has been one of the best-performing artificial intelligence stocks over the past year, even better than Nvidia (NASDAQ:NVDA). Where the chipmaker returned 171% for investors in 2024,

Shares of Palantir Technologies Inc. (NASDAQ:PLTR – Get Free Report) shot up 3.4% during mid-day trading on Friday after Wedbush raised their price target on the stock from $75.00 to $90.00. Wedbush currently has an outperform rating on the stock.

We recently published a list of 10 AI Stocks Investors are Watching Closely. In this article, we are going to take a look at where Palantir Technologies Inc. (NASDAQ:PLTR) stands against other AI stocks investors are watching closely.

Palantir Technologies (NASDAQ: PLTR) was the standout and number one performer in the S&P 500 in 2024, with its stock skyrocketing 340% in 2024 and elevating its market capitalization to an impressive $163 as of the January 17 close.

Has there been a bigger artificial intelligence (AI) winner than Palantir Technologies (NASDAQ: PLTR)? The company has thrived on the accelerating demand for AI software and applications, fueling rabid demand for its stock.

Palantir Technologies (NASDAQ:PLTR) continued gains for eight straight sessions as the stock closed 0.08% higher, at $79.04 on Friday.    The Colorado-based software company gained more than 19% in the preceding seven trading sessions.

Palantir delivered 14 times the gains of the S&P 500 last year. Here's how the data mining and artificial intelligence (AI) specialist generated game-changing results.

Palantir Technologies (NASDAQ:PLTR) has been described as the best pure-play stock in artificial intelligence. The market agrees, sending shares of PLTR stock some 342% higher over the past year, far better than Nvidia (NASDAQ:NVDA),

Leading companies on the cutting edge of next-big-thing innovations don't have the best track record of sustaining parabolic moves higher.

Shareholders of Palantir Technologies (NASDAQ: PLTR) just had a fantastic year. The stock gained 340% in 2024, making it the best-performing component of the S&P 500 (SNPINDEX: ^GSPC). That may seem like a bullish signal,

Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have recently been two of the hottest stocks on Wall Street because both companies play a key role in the artificial intelligence economy.